The year is three quarters of the way finished, and I am excited about the fourth quarter starting. I think it’s going to be a good few months for many of us in the domain space. Here are some Sunday updates.
– With the fourth quarter now here, I bet we’re going to see some nice domain sales reported during the next several weeks. Companies want to use up their entire marketing budgets over the next several weeks to ensure they receive the same or more funds in their 2012 budgets, and a domain purchase is a smart way to spend marketing dollars.
– A few people asked me why I am not attending the GeoPublishers Expo in Chicago this weekend, and there are a few reasons. First, I would have had to fly out on the second day of Rosh Hashana to make the opening party, and I didn’t want to do that. Second, and most importantly, I am taking a “working vacation” in Portland this week and didn’t want to miss that. Finally, Fred Mercaldo’s team actively works on Burbank.com for me, and Lowell.com is basically on cruise control.
– I am still a proponent of city .com domain names, and I don’t regret turning down a $113,000 offer for Burbank.com (from a domain investor who bought another domain name of mine). The business model for a city .com website is more hands on than I anticipated when I started out, and I do think there is still quite a bit of money to be made in this sector. I would bet the Geo Expo attendees will come away from the conference excited, with some great ideas on monetization. I hope some of that knowledge trickles down to me.
– I think the happiest guy in the domain space right now is DomainTools CEO, Tim Chen. Not only does his company continue to grow, but his Buffalo Bills are off to a surprising 3-0 record. I am a Patriots fan, and yes, this is a feeble attempt to jinx the Bills.
– Business Insider posted an article about The 50 Most Jaw-Dropping Luxury Purchases In The Past Year. The Sex.com sale for $13 million was listed at #35. (Thanks to Kevin for the link).
– According to an email from Rick Schwartz, there aren’t many conference passes for TRAFFIC remaining for sale. If you want to buy one, you should probably get on that ASAP.
– In another strong “brandable” domain sale, Mike Mann sold ComeSee.com for $20,000.
– I bought my first fully operational website in September and re-launched it: DogPark.com. There are over 600 dog parks listed, and with some major changes to the ad placement from the original site, revenue is already 3x what it was before I bought it. I am also sending traffic to DogWalker.com, which is an added bonus.